Thursday, December 18, 2008

Would this experiment work in Taiwan

Premier Liu Chao-shiuan announced Tuesday a government plan to distribute NT$82.9 billion (US$2.51 billion) in consumption vouchers to Taiwan's citizens in a bid to stimulate domestic spending and economic growth....

Chen said the Central Bank is still studying in what face value the vouchers should be issued.

While issuing small-face-value vouchers will increase costs and prolong the printing time, vouchers that have too large face value will cause inconvenience to their users, he noted.

-Consumption voucher program to boost economic growth: premier

No comments: